Dairy & Fisheries Co-ops to Serve as Bank Mitras: Financial Inclusion
The Ministry of Cooperation announced that dairy and fisheries cooperative societies will be designated as Bank Mitras of district central cooperative banks (DCCBs) and state cooperative banks (StCBs). Supported by NABARD, micro-ATMs are being deployed to these societies to enable door-step digital financial services in rural and semi-urban areas. The scheme began as a pilot…
Livestock Sector Boosts Agricultural GVA from 24.32% to 30.38% in Eight Years
Allied sectors of Indian Agriculture– Sunrise industry The critical role that animal husbandry and fisheries play in enhancing farmers’ income, especially with diminishing agricultural holdings, is well-recognized. Schemes such as the Rashtriya Gokul Mission (RGM), the National Digital Livestock Mission (NDLM), and the National Programme for Dairy Development (NPDD) incorporate interventions to improve quality, facilitate…
Govt plans to enlist dairy, fishery co-operatives in rural banking outreach
The government is planning to launch a nationwide programme to rope in dairy and fishery cooperative societies as banking correspondents to expand financial services in rural areas, a top official said on Wednesday. Ministry of Cooperation Secretary Ashish Kumar Bhutani said the programme would leverage the existing network of dairy and fishery cooperatives to act…